CAMBODIAN CHILDRENS FUND ENDOWMENT: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CAMBODIAN CHILDRENS FUND ENDOWMENT (EIN 88-3311531)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-10
IRS object ID
202541919349301219
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-10T08:40:41-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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Preparer Firm EIN811489821PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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Business Name Line1HEALY AND ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

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Address Line11200 CONCORD AVE STE 250AddressLine1Txt
CityCONCORDCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94520ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

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EIN883311531EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Cambodian Childrens Fund EndowmentBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAMBBusinessNameControlTxt
Phone3104969931PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12309 Santa Monica Blvd 833AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90404ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBenjamin LucasPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2025-07-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHasina Sabrina ChowdhuryPreparerPersonNm
PTINP03013259PTIN
Phone9256030800PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSamuel RobinsonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12309 Santa Monica Blvd 833AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90404ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,857,324GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionThe specific purpose of CCFE is to exclusively support the activities of Cambodian Childrens Fund.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,000,000PYContributionsGrantsAmt
CY Contributions Grants$2,050,200CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$583,665PYInvestmentIncomeAmt
CY Investment Income$807,124CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,583,665PYTotalRevenueAmt
CY Total Revenue$2,857,324CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,065PYOtherExpensesAmt
CY Other Expenses$16,479CYOtherExpensesAmt
PY Total Expenses$16,065PYTotalExpensesAmt
CY Total Expenses$16,479CYTotalExpensesAmt
PY Revenues Less Expenses$2,567,600PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,840,845CYRevenuesLessExpensesAmt
Total Assets BOY$18,651,913TotalAssetsBOYAmt
Total Assets EOY$22,688,873TotalAssetsEOYAmt
Total Liabilities EOY$1,601TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,651,913NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,687,272NetAssetsOrFundBalancesEOYAmt
MissionThe specific purpose of CCFE is to exclusively support the activities of Cambodian Childrens Fund.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescThe Cambodian Childrens Fund Endowment was established to grow investment portfolios and utilize the returns to exclusively support the activities of the Cambodian Childrens Fund (CCF) whenever funding needs arise. This initiative is a cornerstone of CCFs strategy to ensure long-term financial sustainability. Additionally, we have successfully engaged donors to contribute to this endeavor, further strengthening CCFs fiscal resilience.The Endowments 2024 performance exceeded expectations, delivering a 9.95% return on investmentsurpassing the projected 6%. Since its inception in 2023, the annualized return stands at an impressive 10.5%.The Investment Committee and the board are satisfied with the portfolios performance relative to its risk profile and recommends maintaining the current allocations. They will continue to review the strategy alongside market conditions to determine if adjustments are warranted.In 2025, with an anticipated additional $2M allocation from CCFpart of an informal matching donationthe portfolio is expected to reach the $25M threshold. This milestone will qualify the endowment as a "Qualified Purchaser," unlocking access to premium alternative investment opportunities typically reserved for accredited investors, including evergreen vehicles.Desc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
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Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
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Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
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Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCambodian Children's Fund EndoPersonNm
Phone3104969931PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12309 Santa Monica Blvd Ste 833AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90404ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Samuel Robinson
Board Chair2.000.00Yes (X)Yes (X)$0$0$0
Savy Lach
Secretary3.000.00Yes (X)Yes (X)$0$0$0
Benjamin Lucas
Treasurer2.000.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
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Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Total$0TotalAmt

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Insurance InsuranceGrp

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DescDues and subscriptionsDesc
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BOY$10,187BOYAmt
EOY$771EOYAmt

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EOY$0EOYAmt

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EOY$22,688,102EOYAmt

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Total Assets TotalAssetsGrp

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EOY$22,688,873EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

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EOY$1,601EOYAmt

Total Liabilities TotalLiabilitiesGrp

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BOY$0BOYAmt
EOY$1,601EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$500BOYAmt
EOY$500EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,651,413BOYAmt
EOY$22,686,772EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,651,913BOYAmt
EOY$22,687,272EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,651,913BOYAmt
EOY$22,688,873EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,840,845ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,194,514NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$15,000,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$2,050,200CurrentTaxYearAmt
Total$19,050,700TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$15,000,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$2,050,200CurrentTaxYearAmt
Total$19,050,700TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$19,050,700PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$583,665CurrentTaxYearMinus1YearAmt
Current Tax Year$807,124CurrentTaxYearAmt
Total$1,390,789TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$20,441,489TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Securities$22,688,102TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$4,055,641TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,194,514NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$3,803DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,198,317RevenueNotReportedAmt
Revenue Subtotal$2,857,324RevenueSubtotalAmt
Total Revenue Per Form990$2,857,324TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,282TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$3,803DonatedServicesUseFcltsAmt
Expenses Not Reported$3,803ExpensesNotReportedAmt
Expenses Subtotal$16,479ExpensesSubtotalAmt
Total Expenses Per Form990$16,479TotalExpensesPerForm990Amt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSavy LachPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSecretaryRelationshipDescriptionTxt
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part V Supplemental InformationFormAndLineReferenceDesc
ExplanationThe COO of Cambodian Children's Fund serves on the Board of Directors as Secretary of CCFE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bThe tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.
Form 990, Part VI, Section B, Line 12cThe Conflict of interest policy was widely discussed and approved by the board. All board members and volunteers signed the policy and declared.
Form 990, Part VI, Section B, Line 15aNo staff nor volunteers are paid.
Form 990, Part VI, Section B, Line 15bNo staff nor volunteers are paid.
Form 990, Part VI, Section C, Line 19Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Cambodian Childrens FundBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12309 Santa Monica Blvd Ste 833AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90404ZIPCd
FieldValueIRS element (for citing)
EIN200764162EIN
Primary ActivitiesSupporting OrgPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Cambodian Childrens FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypecTransactionTypeTxt
Involved$2,000,000InvolvedAmt
Method Of Amount DeterminationGrantMethodOfAmountDeterminationTxt

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